North West University, P/Bag X-2046, Mmabatho, 2735, South Africa
Nkosinathi Emmanuel Monamodi is working as professor in North West University. Research experience includes various programs, contributions and participation in different countries for diverse fields of Public Sector Employment, Public Administration.
Research Article
An Estimation of the Effect of Tax Revenue Collection on the Public Debt in South Africa
Author(s): Nkosinathi Emmanuel Monamodi* and Ireen Choga
Public debt is the most important economic indicator in such a way that if it is unsustainable, higher interest
costs could detriment significant public investments that ensure economic growth. Most of developing economies
including South Africa are known to be having unsustainable public debt levels coupled with poor economic
growth. Irrespective of governments’ measures to service the public debt, like selling enough bonds, taxpayers end
up carrying the debt. Hence, the main objective of this paper is to estimate an empirical effect of tax revenue
collection on public debt in South Africa. Public debt is treated as the dependent variable and tax revenue collection
as the main independent variable in addition to secondary independent variables such as foreign direct investment,
political instability and corruption. This paper uses econometric techniq.. View more»